I watched the HUB review, since it came out first. The short of it: 9070XT = 7900XT (not XTX), both in perf and power consumption. So if you think Nvidia (Huang) lied about 5070's perf, then AMD also lied.
People are still clueless about marketing. It doesn't lie. It stretches the truth (exaggerates). That's its job. Every company does it. If you're worked up over it, and think that one side lies and the other doesn't, you've been suckered.
About pricing: Now we see the real reason for XT's $600 pricing, a climb down from the anticipated $650-700. XT is not as fast as Ti, and uses more power. A $50 price diff wouldn't have mattered, so XT got a haircut and diff is now $150, which theoretically allows XT to win on bang/buck, since it can't win on the bang.
The price drop wasn't about AMD being nice to gamers. It's just competitive positioning. If you think one company cares about you and the other doesn't, that's just another lie. But this time, it's you lying to yourself.
I say "XT theoretically wins," because dollars to donuts MSRP parts will be instantly OOS just like 5070 is. If you think the 2-month "stockpile" can overcome scalpers, I envy you your optimism.
Yes, the conventional wisdom is to wait for prices to "settle" and inventory to "catch up." People have short memory, and they forgot how it was during the crypto boom. Inventory won't catch up. The clue is that all the alternatives, previous gen parts, are also OOS or marked up to heaven. Demand will rise as we get into the holiday seasons, when people traditionally buy electronics. Your best chance is to do what scalpers do and use a buy bot, because it won't get better.